Cape Verde (Cabo Verde) Economic Statistics and Indicators

17, Apr 2021, EDT. Welcome to the Cape Verde economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Canada (Cabo Verde) › Change country
National or Regional Currency: Caborvediano Escudo, CVE
Year of data: 2015 › Change year
Number of Indicators Listed: 38
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 34,834,841 (July 2014 est.)
Area: total: 9,984,670 sq km ; land: 9,093,507 sq km ; water: 891,163 sq km
Natural Resources: iron ore, nickel, zinc, copper, gold, lead, rare earth elements, molybdenum, potash, diamonds, silver, fish, timber, wildlife, coal, petroleum, natural gas, hydropower
Capital: name: Ottawa ; geographic coordinates: 45 25 N, 75 42 W ; time difference: UTC-5 (same time as Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November ; note: Canada has six time zones

As a high-tech industrial society in the trillion-dollar class, Canada resembles the US in its market-oriented economic system, pattern of production, and high living standards. Since World War II, the impressive growth of the manufacturing, mining, and service sectors has transformed the nation from a largely rural economy into one primarily industrial and urban. The 1989 US-Canada Free Trade Agreement (FTA) and the 1994 North American Free Trade Agreement (NAFTA) (which includes Mexico) touched off a dramatic increase in trade and economic integration with the US, its principal trading partner. Canada enjoys a substantial trade surplus with the US, which absorbs about three-fourths of Canadian merchandise exports each year. Canada is the US's largest foreign supplier of energy, including oil, gas, uranium, and electric power. Given its abundant natural resources, highly skilled labor force, and modern capital plant, Canada enjoyed solid economic growth from 1993 through 2007. Buffeted by the global economic crisis, the economy dropped into a sharp recession in the final months of 2008, and Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus. Canada's major banks, however, emerged from the financial crisis of 2008-09 among the strongest in the world, owing to the financial sector's tradition of conservative lending practices and strong capitalization. Canada achieved marginal growth in 2010-13 and plans to balance the budget by 2015. In addition, the country's petroleum sector is rapidly expanding, because Alberta's oil sands significantly boosted Canada's proven oil reserves. Canada now ranks third in the world in proved oil reserves behind Saudi Arabia and Venezuela.

GDP (Constant Prices, National Currency) for Cape Verde in year 2015 is CVE 143.406 Billion.

GDP Growth (Constant Prices, National Currency) for Cape Verde in year 2015 is 1.788 %.

GDP (Current Prices, National Currency) for Cape Verde in year 2015 is CVE 158.466 Billion.

GDP (Current Prices, US Dollars) for Cape Verde in year 2015 is US$ 1.595 Billion.

GDP Deflator for Cape Verde in year 2015 is 110.502 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Cape Verde in year 2015 is CVE 273,245.77 .

GDP Per Capita (Current Prices, National Currency) for Cape Verde in year 2015 is CVE 301,941.10 .

GDP Per Capita (Current Prices, US Dollars) for Cape Verde in year 2015 is US$ 3,038.51 .

GDP (PPP), US Dollars for Cape Verde in year 2015 is US$ 3.423 Billion.

GDP Per Capita (PPP), US Dollars for Cape Verde in year 2015 is US$ 6,522.09 .

GDP Share of World Total (PPP) for Cape Verde in year 2015 is 0.003 %.

Implied PPP Conversion Rate for Cape Verde in year 2015 is 46.295 .

Investment (% of GDP) for Cape Verde in year 2015 is 40.735 %.

Gross National Savings (% of GDP) for Cape Verde in year 2015 is 31.506 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Cape Verde in year 2015 is 137.888 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Cape Verde in year 2015 is 0.125 %.

Inflation, End of Year (Indexed to Year 2000) for Cape Verde in year 2015 is 137.749 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Cape Verde in year 2015 is -0.538 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Cape Verde in year 2015 is -7.233 %.

Import Volumes of Goods Only (Percent Change) for Cape Verde in year 2015 is -6.394 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Cape Verde in year 2015 is 8.326 %.

Export Volumes of Goods Only (Percent Change) for Cape Verde in year 2015 is 12.983 %.

Unemployment Rate (% of Labour Force) for Cape Verde in year 2015 is 10 %.

Population for Cape Verde in year 2015 is 0.525 Million .

General government revenue (National Currency) for Cape Verde in year 2015 is CVE 39.829 Billions.

General government revenue (% of GDP) for Cape Verde in year 2015 is 25.134 %.

General government total expenditure (National Currency) for Cape Verde in year 2015 is CVE 47.435 Billions.

General government total expenditure (% of GDP) for Cape Verde in year 2015 is 29.934 %.

Total Government Net Lending/ Borrowing (National Currency) for Cape Verde in year 2015 is CVE -7.606 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Cape Verde in year 2015 is -4.8 %.

Fiscal Year Gross Domestic Product, Current Prices for Cape Verde in year 2015 is CVE 158.466 Billions.

Current Account Balance (US Dollars) for Cape Verde in year 2015 is US$ -0.147 Billion.

Current Account Balance (% GDP) for Cape Verde in year 2015 is -9.229 %.